| Read 'Chapter 1: Financial Institutions And Markets' & answer the following question(s):  | 
	
		| 1.  | Tax planning for a company can not include: | 
	
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		| 2.  | Financial managers influence all except: | 
	
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		| 3.  | The controller is not concerned with internal matters that include: | 
	
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		| 4.  | Which one of the following is not a depreciation method? | 
	
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		| 5.  | ________ is not one of tax deductions: | 
	
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		| Read 'Chapter 2: Solvency And Debt Service Ratios' & answer the following question(s):  | 
	
		| 6.  | ________ is not a balance sheets item: | 
	
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		| 7.  | Stockholder’s equity section does not show: | 
	
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		| 8.  | Cash outflows fro investing activities include: | 
	
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		| 9.  | Some questions answered by the statement of cash flows include all except: | 
	
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		| 10.  | _______________ is not a liquidity ratio: | 
	
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		| 11.  | Net working capital is the difference between: | 
	
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		| 12.  | Free cash flow (FCF) is cash flow from operations minus cash used to purchase fixed assets minus ____________________. | 
	
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		| 13.  | The following information pertains to Como Co. for the year ended December 31, 20x7: Sales                    $600,000 Operating income          100,000 Operating assets          400,000 Which of the following equations should be used to compute Como's return on investment?  | 
	
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		| 14.  | Market value added (MVA) is ___________________   minus equity capital supplied by shareholders. | 
	
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		| Read 'Chapter 3: Cash Budgeting' & answer the following question(s):  | 
	
		| 15.  | Steps in the budgeting process include all except: | 
	
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		| 16.  | Which one of the following is not a type of budget? | 
	
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		| 17.  | Basic steps in projecting external financial needs do not include: | 
	
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		| Read 'Chapter 4: Market Index Models' & answer the following question(s):  | 
	
		| 18.  | The most direct way to prepare a cash budget is to include: | 
	
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		| 19.  | A popular cash management model is: | 
	
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		| Read 'Chapter 5: Capital Budgeting' & answer the following question(s):  | 
	
		| 20.  | The relative risk is measured by ___________________: | 
	
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		| 21.  | A measure that describes the risk of an investment project relative to other investments in general is the: | 
	
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		| 22.  | Bond prices and interest rates are: | 
	
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		| 23.  | the term structure of interest rates is also known as: | 
	
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		| Read 'Chapter 6: Theory Of Capital Structure' & answer the following question(s):  | 
	
		| 24.  | When making an investment one should consider: | 
	
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		| 25.  | Capital budgeting techniques do not include: | 
	
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		| 26.  | The payback period is: | 
	
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		| 27.  | Profitability index (PI) is used to: | 
	
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		| 28.  | Which of the following is not an example of mutually exclusive proposal: | 
	
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		| 29.  | Steps to take when considering a purchase (rather than a lease) do not include: | 
	
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		| Read 'Chapter 7: Financing Strategy' & answer the following question(s):  | 
	
		| 30.  | Which of the following is directly applied in determining the value of a stock when using the dividend growth model? | 
	
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		| 31.  | When calculating the cost of capital, the cost assigned to retained earnings should be | 
	
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		| Read 'Chapter 8: Public Versus Private Placement Of Securities' & answer the following question(s):  | 
	
		| 32.  | In dividend policy the dividends should fulfill the objectives of: | 
	
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		| Read 'Chapter 9: Mergers And Acquisitions' & answer the following question(s):  | 
	
		| 33.  | Using a 360-day year, what is the opportunity cost to a buyer of not accepting terms 3/15, net 60?  | 
	
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		| 34.  | Commercial paper: | 
	
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		| Read 'Chapter 10: Bankruptcy And Reorganization' & answer the following question(s):  | 
	
		| 35.  | Intermediate-term bank loans have a maturity of: | 
	
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		| Read 'Chapter 11: Long Term Debt' & answer the following question(s):  | 
	
		| 36.  | From the viewpoint of the investor, which of the following securities provides the least risk? | 
	
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		| 37.  | Zero-coupon bonds | 
	
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		| Read 'Chapter 12: Stock, Convertibles, and Warrants' & answer the following question(s):  | 
	
		| 38.  | ” Short selling” is the | 
	
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		| Read 'Chapter 13: Mergers and acquisitions' & answer the following question(s):  | 
	
		| 39.  | The merger of United and Delta would be categorized as a | 
	
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		| 40.  | A candy manufacturing company merging with a sugar processing company would be an example of a | 
	
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		| 41.  | The merger of General Motors and Ford would be categorized as a  | 
	
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		| 42.  | What benefit(s) might a merger bring? | 
	
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		| 43.  | The advantage of a tender offer in a corporate takeover is that  | 
	
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		| Read 'Chapter 14: Options and Option pricing, Derivatives and Risk Management' & answer the following question(s):  | 
	
		| 44.  | A foreign exchange rate is: | 
	
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		| 45.  | An investor has calculated Altman's Z-Score for each of four possible investment alternatives. Each firm is a public industrial firm. The calculated scores for the four investments were as follows:      Firm W = 3.89      Firm X = 2.48      Firm Y = 2.00      Firm Z = 1.10 Which statement is true?  | 
	
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